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For 2015, Everyday Electronics reported $22.5 million of sales and $18 million of operating costs (including depreciation). The company has $15 million of total invested

For 2015, Everyday Electronics reported $22.5 million of sales and $18 million of operating costs (including depreciation). The company has $15 million of total invested capital.Its after-tax cost of capital is 9%, and its federal-plus-state income tax rate was 35%. What was the firm's economic value added (EVA), that is, how much value did management ads to stockholders' wealth during 2015?

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